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. the brown and the gray. what are the differences between them and how are they clashing now that we get closer and closer to the fiscal cliff? >> the brown and the gray is a phrase i've been using for the last few years to describe the two giant generations that will shape american life in the coming decades. the brown is the millennial, the most diverse in american history. over 40% nonwhite. the gray is the aging baby boom which is joining the silent generation in a huge senior cohort that is 80% white. and they have very different political inclinations, preferences and different interests at stake in the fiscal cliff and budget negotiations. on the one hand, taxes verse spending and so does the kind of spending. discretionary spending mostly investments in the future. entitlement spending mostly income security for the older generation. >> so who benefits if we do cross the fiscal cliff? >> i think there is no question that getting the debt and deficit under control is in the interests of younger generations so they are not saddled with debt solely for our current consumption. but h
again, gregg. i'm patti ann browne in for martha maccallum. there is little to no progress reported in making a deal to avert across the board tax hikes for 90% of american households. president obama on his way back to washington right now but not all the lawmakers are there and if congress and the president do not reach a compromise before january 1st many analysts say the economy will slide back into a recession. gregg: mike emanuel is live on capitol hill. mike, any indication of the president's next move? >> reporter: well, gregg, last time we heard the president talk about the this matter he said he was calling on congressional leaders to essentially make sure taxes do not go up on middle class americans. presumably that would be a package that continues the bush tax cuts for those making up to $250,000. he would also like to continue emergency unemployment benefits for two million americans. and beyond that, details are kind of murky at this point. so we await the president to get back to washington. we know that the senate will be back in session today. we know there have be
's the superstar relationship that has hollywood asking are they or aren't they? chris brown, who beat his then girlfriend rihanna in 2009 said in october he's renewed his friendship with the singer but is it more than just friends? song collaborations and vague tweets from rihanna have suggested otherwise. >> they want to keep everyone guessing and don't want to explain what's going on with their relationship to anyone in the world. >> the jacksons, the family drama turning into one big reality show. >> more turmoil for the jackson family last summer as michael jackson's teenage daughter paris announced on twitter that her grandmother an guardian, katherine jackson, was missing. forcing a judge to suspend her guardianship of michael's three kids. >> katherine jackson is back home. she says she wasn't kidnapped. >> michael's siblings disputed the claim saying their mother was in arizona under doctor's orders. a judge restored katherine as permanent guardian of michael's children. whether it was a pleasure or guilty pleasure, audiences couldn't turn away from tlc's hit reality show "here co
not to be charlie brown racing toward the democrats lucy and the football and yet every time they do. the republicans go in good faith and very ernestly to try to negotiate with the president and in this case boehner has put $800 billion of new revenue on the table. he is willing to meet the president halfway on that. yet the president turns around and gregg, says, no you get nothing for that. he was quoted as saying i get that for free and i'm not going to do anything on spending. gregg: "wall street journal" participant taking notes in the room at the same time. look, you say in your column that boehner is inept but if he really is charlie and lucy and the football, then he is gullable too, isn't he? >> i think a the are of republicans are. i think a the are of republicans felt this president, once he won re-election would have his eye on his legacy and want to move closer to the center but that is usually what normal presidencies do. this is not a normal presidency. gregg: right. >> this is a president whose eye on the fundamental transformation of the nation. what he means by tha
Search Results 0 to 3 of about 4